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The Perpetual Engine

The XENOS Perpetual Engine is a custom-built Solana program that runs all leveraged positions at sub-second latency. It allows users to long or short any meme token that has successfully exited Pump.fun’s bonding curve, ensuring instant integration into the live markets.

Core mechanics:

  • Cross-margin accounts for flexible capital allocation.

  • Dynamic funding rates calculated per market using volatility and liquidity depth.

  • Partial liquidation system that reduces exposure instead of wiping accounts.

  • Fair price model anchored to multi-oracle consensus.

Each market operates as an independent on-chain pool, fully transparent and verifiable by anyone — with all collateral and position data stored natively on Solana.

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